Shandong Shengli Dividend
Dividend criteria checks 3/6
Shandong Shengli is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.055 |
| Earnings per share | CN¥0.18 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000407 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000407's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shandong Shengli Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000407) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Gas Utilities) | 2.9% |
| Analyst forecast (000407) (up to 3 years) | n/a |
Notable Dividend: 000407's dividend (1.72%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 000407's dividend (1.72%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 000407's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.6%), 000407's dividend payments are well covered by cash flows.